Risk Analyst

Risk Analyst

Temporary 27500 - 37000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join the Corporate Risk Team to manage and analyse risks impacting Scottish Water's services.
  • Company: Scottish Water ensures Scotland's water supply and environmental sustainability.
  • Benefits: Enjoy 38 days of holiday, flexible working, and a defined benefit pension.
  • Why this job: Make a real impact on Scotland's water services while developing valuable risk management skills.
  • Qualifications: Degree-level education in a risk-related field is preferred; a curious mindset is essential.
  • Other info: Applications are open until 22nd July 2025; we encourage diverse applicants.

The predicted salary is between 27500 - 37000 £ per year.

It’s not every job where you can make a difference for the people of Scotland, but it’s what’s behind every job here. The work we do keeps Scotland’s water flowing, from source to tap and from sink to sea. Our activities span the length and breadth of Scotland. From operating water and wastewater treatment works, managing the complex networks of pipes and sewers, to undertaking strategy, planning and investment decisions and working with our customers and communities, our regulators and supply chain partners to protect and enhance our services.

Risk is inherent in everything that we do. Effective risk management is key to ensuring the continuity and resilience of our service to our customers, as well as driving us toward our three key ambitions as set out within the Water Sector Vision:

  • Service Excellence; adapting to a changing climate, dealing with our ageing assets and meeting our customers’ evolving expectations.
  • Beyond Net Zero Emissions; showing leadership in mitigating climate change and enhancing Scotland’s natural environment.
  • Great Value and Financial Sustainability; customers will receive great value, now and in the future, and we will be financially sustainable.

Within the Corporate Risk Team, we focus on the biggest risks (both threats and opportunities) to Scottish Water. Those risks which could significantly impact the services we provide to our customers, our strategic direction, our finances and our people.

Working within the Corporate Risk Team no two days will be the same. We work in a complex, dynamic and ever developing environment, striving to understand the risks we encounter today and how effectively we are managing them. We also actively consider the threats and opportunities we could face in the future, supporting the identification and understanding of forecasts, trends and patterns, internally and externally, and challenging the business on the best approach to navigating these.

This is a fantastic opportunity for you to join the Corporate Risk Team for an initial period of one year. In this time, you will gain valuable insight into the world of risk management and the essential activities of Scottish Water. You will fulfil four key roles within the team:

  • Enablon System Expert: You will be the go-to person for our digital risk management solution, ensuring the system is not just maintained, but continuously enhanced to deliver accurate, accessible, and consistent risk data across corporate and functional risk levels. You will identify opportunities to optimise system use, support users, and unlock the full value of our risk technology.
  • Data Insights & Visualisation Guru: You will harness data within the Enablon system to uncover patterns, trends, and emerging risks — translating complex information into actionable insights for the team and wider business. Using tools like Power BI, you will develop intuitive dashboards and visual reports that support strategic decision-making and enhance transparency across the organisation.
  • Risk Influencer: You will help embed a strong risk culture by delivering targeted communication to key business areas, integrating risk into performance conversations, and leading engaging education and communication initiatives. From managing our dedicated SharePoint hub to crafting compelling messages across multiple channels such as Viva Engage, you’ll make risk relevant and relatable.
  • Fortune Teller: You will play a key role in our Horizon Scanning activities — researching future threats and opportunities, analysing trends, and helping the organisation stay ahead of the curve. Your insights will shape strategic conversations and support proactive decision-making.

You will report to a Principal Corporate Risk Specialist within the Corporate Risk Team; and will work alongside a small team of risk professionals as well as key contacts from across Scottish Water.

You will ideally be educated to degree level and hold a suitable qualification in a risk related discipline. But what really sets you apart is your mindset. You are someone who instinctively spots potential issues, embraces uncertainty, and brings clarity to complexity. You think ahead, ask the right questions, and help others make confident, informed decisions.

You are analytical and curious, with a talent for turning research into insight. You’re comfortable juggling multiple priorities and working independently, but you also thrive in a collaborative environment. Your communication—both written and verbal—is clear, compelling, and tailored to your audience. And your attention to detail? Second to none.

Most importantly, you will live and breathe the Scottish Water Character. Whether you are working with colleagues, customers, or external partners, you will show up Bold, Responsible, Inspiring, and Caring—every day, in everything you do.

While the work we do is important, we know it’s not the only thing that matters. That’s why we make sure you have everything you need to find a good work-life balance. You’ll get plenty of time to recharge with 38 days of holiday every year (including public holidays). And you can even buy five more if you need a little extra time. You can also take time off to volunteer in your community.

When it comes to major life events we have family-friendly policies around adoption, maternity, and parental leave. And for the everyday? We embrace flexible working. For your future, there’s our defined benefit pension (the ‘know-what-you’ll-get-when-you-retire’ kind), and generous life assurance. As for some nice extras? You can expect an annual company bonus. Not to mention access to SW Splash – handy rewards that can save you money on holidays, bills, and shopping.

This role will be a Grade 6. If you’re new to Scottish Water, you’ll join us on a starting salary of £33,560. Performance-driven pay progression would then allow you to move through the range to a maximum of £44,140.

If you’re interested in this role – or know someone else who might be - we’ll be accepting applications until the 22nd July 2025.

Job offers at Scottish Water are conditional, and will be confirmed on completion of our pre-employment screening, e.g. referencing, criminal record checks, driving license checks, etc. These checks are conducted on our behalf by a third party. Don’t worry - we’ll ask your permission before starting these checks.

A few final things worth knowing… Research shows that some people avoid applying for jobs unless they can meet every single criteria. If you’re interested in this job, but don’t tick all the boxes, apply anyway! We hardly ever hire people who can do every part of a job from Day One. Everyone has a learning curve. So don’t rule yourself out!

Let us know if there are any changes we can make to our recruitment process to help you perform at your best. Lots of our people have disabilities or neurodiverse conditions (including some of our recruiters!). We’re also aware that some people might be experiencing temporary challenges because of life events, like menopause. We’re very used to making adjustments, so please don’t be afraid to ask.

As part of our commitment to developing a flourishing Scotland, it’s important that all our employees are Scottish taxpayers. If you join us, your home address will need to be in Scotland. If you don’t already live here, you’ll need to commit to moving here within your first three months.

Finally (finally!), candidates who haven’t submitted an application in the last 12 months will have their records removed from our recruitment database. You won’t need to do anything. Your data will be automatically deleted.

We’re here to help.

Risk Analyst employer: Scottish Water

Scottish Water is an exceptional employer that prioritises the well-being of its employees while making a significant impact on the communities of Scotland. With a strong commitment to work-life balance, generous holiday allowances, and family-friendly policies, employees can thrive both personally and professionally. The dynamic work culture fosters collaboration and innovation, providing ample opportunities for growth and development within the vital field of risk management.
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Contact Detail:

Scottish Water Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Risk Analyst

✨Tip Number 1

Familiarise yourself with the Enablon system, as being an expert in this digital risk management solution is crucial for the role. Consider taking online courses or tutorials to enhance your skills in using this platform effectively.

✨Tip Number 2

Develop your data visualisation skills, particularly with tools like Power BI. Create sample dashboards or reports that showcase your ability to turn complex data into clear insights, which will be a key part of your responsibilities.

✨Tip Number 3

Engage with current trends in risk management and climate change. Being knowledgeable about these topics will not only help you in interviews but also demonstrate your commitment to the values of Scottish Water.

✨Tip Number 4

Network with professionals in the risk management field, especially those who work in the water sector. Attend relevant webinars or local meetups to build connections and gain insights that could give you an edge in your application.

We think you need these skills to ace Risk Analyst

Risk Management
Data Analysis
Power BI
Enablon System Expertise
Communication Skills
Trend Analysis
Visualisation Techniques
Attention to Detail
Problem-Solving Skills
Project Management
Stakeholder Engagement
Research Skills
Adaptability
Team Collaboration

Some tips for your application 🫡

Understand the Role: Read the job description thoroughly to grasp the key responsibilities and skills required for the Risk Analyst position. Tailor your application to highlight how your experience aligns with these requirements.

Craft a Compelling CV: Ensure your CV is up-to-date and clearly outlines your relevant experience, particularly in risk management or related fields. Use bullet points for clarity and focus on achievements that demonstrate your analytical and problem-solving skills.

Write a Strong Cover Letter: Your cover letter should express your enthusiasm for the role and the company. Highlight specific experiences that showcase your ability to manage risks and communicate effectively, as well as your alignment with Scottish Water's values.

Showcase Your Communication Skills: Since the role requires clear communication, ensure that both your CV and cover letter are well-structured and free of jargon. Use straightforward language to convey your ideas and make your application easy to read.

How to prepare for a job interview at Scottish Water

✨Understand the Role

Before the interview, make sure you thoroughly understand the responsibilities of a Risk Analyst. Familiarise yourself with risk management concepts and how they apply to the water sector, particularly in relation to Scottish Water's goals.

✨Showcase Your Analytical Skills

Be prepared to discuss your analytical abilities and provide examples of how you've used data to identify risks or trends in previous roles. Highlight any experience with tools like Power BI, as this will be relevant to the position.

✨Demonstrate Communication Skills

Since the role involves influencing and educating others about risk, practice articulating complex ideas clearly and concisely. Prepare to share examples of how you've effectively communicated risk-related information to different audiences.

✨Emphasise Cultural Fit

Scottish Water values boldness, responsibility, inspiration, and care. Think of examples from your past experiences that demonstrate these qualities, and be ready to explain how you embody the Scottish Water character in your work.

Risk Analyst
Scottish Water
S
  • Risk Analyst

    Temporary
    27500 - 37000 £ / year (est.)

    Application deadline: 2027-06-24

  • S

    Scottish Water

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